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April 28–May 2, 2025

Date:

05/02/2025

This Week: Insurance Summit Hotel Discounts End Today; Awards Nominations Open; ASOP No. 20 Draft Open for Comment

RECENT ACADEMY ACTIVITY |

April 28–May 2, 2025

This Week … In a Minute

Only have a minute? Catch up on the week’s top stories with the latest “This Week … In a Minute” video. Subscribe to our YouTube channel to receive alerts as they are released.

EDUCATION & EVENTS

Hotel Discount Ends Today for Insurance Investment Summit

The room-block discount for the Academy’s Insuring the Future: Insurance Investment Summit in New York has been extended through today, May 2. The room block arranged by the Academy allows attendees the option to extend their stay at the Times Square Marriott Marquis Hotel and enjoy New York City through the Memorial Day weekend. See the full agenda. The summit will be held May 22–23.

OUTREACH AND NEWS

Actuary Voices Features IABA President Stephen Abrokwah

International Association of Black Actuaries (IABA) President Stephen Abrokwah is featured in the latest episode of Actuary Voices, discussing his new role at IABA and more. Listen to Actuary Voices wherever you get your favorite podcasts.

ICYMI—Contingencies, Actuarial Update Released

In case you missed it, the Academy released two publications this week:

Contingencies Examines Aging and Financial Security—The May/June Contingencies cover story examines the complications of aging and financial security. Also, a look at the core competencies for chief actuaries, and a feature on raising awareness of health equity considerations. Plus, Darrell Knapp’s President’s Message on how the Academy helps you stay ahead.

Actuarial Update Covers Academy Hill Visits—Also hot off the press, the April Actuarial Update leads with in-depth coverage of the “Hill visits,” which offered federal policymakers actuarial expertise across all practice areas. This month’s Professionalism Counts column focuses on returning to actuarial practice.

MEMBERSHIP

Nominations Open for Academy Annual Awards

It’s time to nominate your peers for the Academy’s annual service and recognition awards. The hard work, dedication, and support of the Academy’s many volunteers and future leaders inform sound policymaking and help sustain the professionalism infrastructure the Academy provides for our self-regulating profession. Visit www.actuary.org/awards to make nominations, which are open through June 6.

Reminder—Submit Member-Selected Director Nominations

A reminder that nominations are open for 2025 member-selected directors to the Academy’s 21-person Board. There are three openings this year—these three directors will be selected by Academy members later this year in an online selection process from a slate of candidates presented by the Nominating Committee. Nominations are due by May 19. For more information, visit the nominations page.

PROFESSIONALISM

ASOP Nos. 20 & 39 Open for Comment

The Actuarial Standards Board (ASB) has open exposure drafts of a proposed revision of Actuarial Standard of Practice (ASOP) No. 20, now titled Analysis of Property/Casualty Cash Flows, Including Discounting, and ASOP No. 39, Treatment of Catastrophe or Extreme Event Losses in Future Cost Estimates for Property/Casualty Risk Transfer and Risk Retention. For more or to comment, visit the ASB website.

EVENTS CALENDAR

May 12	New Member Webinar: Maximize Your Membership
May 14	ASOP No. 2 Practice Note
May 22-23	Insuring the Future: Insurance Investment Summit; New York City
May 29	Decumulation Strategies: Creating Lifetime Income from Defined Contribution Plans
Sept. 8–10	Casualty Loss Reserve Seminar; Philadelphia
Nov. 17–20	Life and Health Qualifications Seminar; Arlington, Va.
Dec. 8–9	Seminar on Effective P/C Loss Reserve Opinions; Salt Lake City

Visit the Events Calendar for a complete listing of Academy events, and visit Academy Learning for webinar recordings and other Academy content.

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